Skip to main content

About your Search

20121202
20121210
STATION
KGO (ABC) 2
WJLA (ABC) 1
WMAR (ABC) 1
LANGUAGE
Search Results 0 to 3 of about 4 (some duplicates have been removed)
ABC
Dec 9, 2012 9:00am EST
. and congressman hen sarlg. he said that for there to be a big deal, tax rates on the wealthy are going to have to go up. >> again, as the speaker has said, unfortunately what we see out of the president my highway or the high wway. one dollar revenue for 2.5 of spending reductions. now, after the election, it's a little bit of bait and switch. now he's asking for $1.6 trillion. for every one dollar of tax increase there's about 20 cents of spending reduction. >> i'm talking about the rates. if the rates go up, can the republicans accept that? >> no rep wants to vote for a rate tax increase. what that's going to do, is cause 700,000 americans to go from having paychecks to unemployment checks because of what that's going to do to the economy, hardworking americans are going to see a 2% reduction in their paycheck if they keep them. listen, the president, again, if he would do what he said before the election, what the republicans feel like is a little bit like charlie brown running to kick the football and lucy pulls it away. ultimate lit's a spending problem. the american people know it. this
ABC
Dec 2, 2012 8:00am PST
is very important. we're trying not just to prevent a tax increase on 98% of americans, we're trying to go beyond that's going to be good for the long term american economy. >> but you said you're getting closer, they're saying you're getting much farther apart. they say that this is not a serious proposal. >> we have a very good plan. we have a very good mix of tax reforms that raise a modest amount of revenues on the wealthy 2% of americans. combined with very comprehensive, very detailed savings that get us back to the point where the debt is stable and favorable. if we can do that carefully, we can invest in things to make america stronger. we can rebuild infrastructure. we think those are good investments in america and we think we can afford them. >> let's look at an outline of what republicans said they heard in the meeting. $1.6 trillion in tax increases over the next ten years. $50 billion in stimulus spending right now. $400 billion in unspecified medicare cuts. over the next ten years. and then, permanent authority to increase the debt limit the president wants that authority. t
Search Results 0 to 3 of about 4 (some duplicates have been removed)